Edward & Romell Ackley Fnd 040006998900 is located in Milwaukee, WI. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward & Romell Ackley Fnd 040006998900 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Edward & Romell Ackley Fnd 040006998900 generated $72.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $285.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Edward & Romell Ackley Fnd 040006998900 has awarded 64 individual grants totaling $891,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $98,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,189 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52 |
| Total Revenue | $72,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $46,590 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,254 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $894 |
| Total operating and administrative expenses | $75,238 |
| Contributions, gifts, grants paid | $210,500 |
| Total expenses and disbursements | $285,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,198 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,963,452 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $593 |
| Total assets | $4,219,243 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Edward & Romell Ackley Fnd 040006998900 has awarded $210,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE CHILDREN - PORTLAND PURPOSE: GENERAL OPERATING | $18,000 |
VOLUNTEERS IN MEDICINE PURPOSE: GENERAL OPERATING | $15,000 |
RETURNING VETERANS PROJECT PURPOSE: GENERAL OPERATING | $10,000 |
OPERATION WARM PURPOSE: GENERAL OPERATING | $12,000 |
TREEHOUSE THERAPIES ASSOCIATES PURPOSE: GENERAL OPERATING | $16,500 |
CASA FOR CHILDREN INC PURPOSE: GENERAL OPERATING | $25,000 |